35

PERFORMANCES

CONSOLIDATED BALANCE SHEET

In millions of euros - As of December 31 2017 2016

ASSETS Goodwill 3,914.9 4,300.2

Intangible assets 1,049.7 1,109.5

Property, plant and equipment 272 .0 282.4

Long-term investments 38.0 41.8

Deferred tax assets 95.9 128.4

Total non-current assets 5,370.4 5,862.3

Inventories 1,543.8 1,579.3

Trade accounts receivable 2,077.0 2,187.3

Current tax assets 48.1 23.5

Other accounts receivable 495.8 489.6

Assets held for sale - 0.3

Cash and cash equivalents 563.6 619.3

Total current assets 4,728.3 4,899.3

Total assets 10,098.7 10,761.6

EQUITY Equity

Share capital 1,516.7 1,514.5

Share premium 1,559.2 1,561.2

Reserves and retained earnings 1,085.5 1,302.4

Total equity attributable to equity holders of the parent

4,161.4 4,378.1

Non-controlling interrests 2.2 5.2

Total equity 4,163.6 4,383.3

LIABILITIES Interest bearning debt (non-current part) 2,450.5 2,195.1

Net employee defined benefit liabilities 319.9 338.5

Deferred tax liabilities 173.7 2 40.0

Provision and other non-current liabilities 56.3 84.8

Total non-current liabilities 3,000.5 2,858.3

Interest bearning debt (current part) 155.5 603.6

Accrued interest 6.3 6.3

Trade accounts payable 2,034.8 2,179.0

Income tax payable 34.8 37.5

Other current liabilities 703.2 693.5

Total current liabilities 2,934.6 3,519.9

Total liabilities 5,935.0 6,378.3

Total equity and liabilities 10,098.7 10,761.6